Businesses
YHB Tax Process
Individuals
Presentations
YHB
100

A legal arrangement that allows two or more people to share responsibility for a business is called a what?

What is "Partnership"

100

What is the first step YHB does to get started during tax season?

What is "Sending Client the organizer"
100

What is the limitation on taxes paid (RE taxes, PPT, etc.) for itemized deductions?

What is "$10,000"

100

The Private Client Services Team is also known as ?

What is "Trust & Estate Team"

100

What states does YHB have offices in?

What is "Virginia and Maryland"

200

What does "PTET" stand for?

What is "Pass-Through Entity Tax"

200

What is a new process implemented by YHB two years ago that helps automatically upload client info into Axcess?

What is "Validation"

200

Can shares of a stock be considered a charitable contribution?

What is "Yes"

200
YHB's construction team was recently named what?

What is "Top 50 Construction Accounting Firms"

200
Around how many employees does YHB have?

What is "More than 300 employees"

300

What is the flat tax rate for Corporations?

What is "21%"

300

Who typically organizes client documents?

What is "Admin or Paraprofessionals" (sometimes Associates)

300

Are HSA contributions considered below the line deductions or above the line deductions?

What is "Above the line deductions"

300

What is the main form number for trusts and estates?

What is "Form 1041"

300

Who is YHB's next managing partner?

Who is "Tom Milburn"

400

What is the form for businesses that get double taxed?

What is "Form 1120"

400

What is the last step of the process to send off a return?

What is "Signing the return"

400

What is the current mortgage interest limitation amount for loans after 2017?

What is "$750,000"

400

What type of projects (examples) did Justin show during the HC overview?

What is "Bonus Calculations"

400

Who is the next CPO?

Who is "Lee Mariano"

500

What is a business that does not pay income tax of its own?

What is "Pass-Through Entity"

500

What is the new process called that YHB implemented this year that made the tax process go much smoother?

What is "SafeSend"

500

What does a QCD stand for?

What is "Qualified Charitable Contribution"

500

If you had one penny and doubled it every day for 30 days, how much would you have? (Adrian's presentation)

What is "Over 5 million"

500

What does YHB stand for?

What is "Yount, Hyde & Barbour"